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Ecuador Scraps Plan to Block Rain Forest Oil Drilling

2013-08-19 22:31:00| Climate Ark Climate Change & Global Warming Newsfeed

National Geographic: The decision by Ecuadorian President Rafael Correa to abandon a plan to spare the species-rich Yasun­ rain forest in eastern Ecuador from oil development has dashed hopes for what environmentalists had hailed as a historic approach to weaning industrial society from its dependence on fossil fuels. "Ecuador and the world have lost an opportunity to shape a revolutionary initiative," said Alberto Acosta, Ecuador's former minister of energy and mines, and one of the chief architects of the so-called...

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